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Tests with ships will begin in mid-2015 on a new set of locks that are a key component of an expansion of the Panama Canal, the waterway’s chief said on Sunday.

The 100-year-old canal, which is major global trade artery, is in the midst of a massive expansion that will allow the world’s largest tankers to pass through the isthmus.

The expansion, which involves building a third set of locks onto the 50-mile (80-km) waterway, was originally scheduled to be completed this year, but has been delayed several times, in part due to a dispute earlier this year because of about $1.6 billion in cost overruns.

The deadline for completion is now January 2016.

On Sunday, Panama Canal Administrator Jorge Quijano said the locks would likely be ready, holding water, by April or May of next year.

“We hope to start a series of tests with the locks next year in the month of July or August,” Quijano said after overseeing the arrival from…

(Reuters) - French container shipping group CMA CGM has sealed an alliance with two rivals after a failed attempt to partner with bigger peers Maersk and Switzerland's MSC, vetoed by China earlier this year due to competition concerns.

CMA CGM said on Tuesday it had agreed a service-sharing alliance with China Shipping Container Lines Co Ltd and United Arab Shipping Co to be known as Ocean Three. The agreement still needs approval from the U.S. Federal Maritime Commission.

The deal comes after the collapse in June of CMA CGM's planned service-sharing alliance with Maersk and Mediterranean Shipping Co or MSC, since when the latter two operators have formed a two-way linkup that they expect to launch early next year.

The shipping industry has been battling overcapacity linked to a glut of new vessels ordered during a boom period before the global financial crisis of 2007-2009, f…

(NaturalNews) It is something that, as an American and a consumer, ought to outrage you: Big Food companies spending tens of millions of dollars just to keep information from you -- to prevent you from knowing all that there is to know about a substance, or substances, that could be harming your health, as well as the overall health of the American agricultural industry.

As Reuters reported recently, Big Food, which opposes mandatory labeling of anything manufactured with genetically modified organisms, spent nearly three times what they spent in all of last year in the first six months of this year to keep GMO-labeling laws from becoming reality (or attacking those that have already been put on the books, like Vermont's GMO-labeling law). That amounts to $27 million in the first half of 2014 -- all to keep you in the dark.

The anti-GMO-labeling effort is being echoed by an increasing number of "interested" parties, but it has bee…